Navifico (NAV) closed the right to pay 8% cash dividend

Navifico (NAV) closed the right to pay 8% cash dividend

(ĐTCK) Nam Viet – Navifico Joint Stock Company (NAV – HOSE) has just agreed on April 29 to close the right to advance 2nd dividend 2020.

Accordingly, dividends will be paid in cash at the rate of 8%, equivalent to 1 share will receive 800 dong. The source of the expenditure is deducted from the undistributed profit in 2020 of the Company. Expected dividend payment time is from May 20, 2021.

Previously, at the end of August 2020, Nam Viet made an advance of the first dividend of 2020 in cash at the rate of 7%. Thus, the total dividend payment in 2020 through the 2 advance installments is 15%.

In addition, the Board of Directors of the Company also agreed to use the list of shareholders closed above to hold the annual shareholder meeting in 2021. The new meeting time was approved by the Board of Directors to be extended until June 30, 2021. . The site is at 18F, Tang Nhon Phu, Phuoc Long B Ward, Thu Duc City, Ho Chi Minh City.

Recently, Navifico Board of Directors has issued a Resolution on the appointment of Mr. Hoang Kieu Phong – Board Member to the position of General Director of the Company to replace Mr. Hoang Quoc Khanh to resign from February 6.

Regarding business results in 2020, Navifico recorded net revenue from sales and service provision reached 70.8 billion VND, down 32.7% compared to 2019; profit after tax reached 24.6 billion, up 71.5% over the previous year.

As of December 31, 2020, the undistributed after-tax profit of the Company was approximately VND 19 billion. In addition, NAV has more than 12.24 billion VND of investment and development fund.

On the market, at the close of April 8, NAV stock inched up 0.3 percent to 19,400 dong per share, the liquidity still dripped with only 600 units matched.

Source: tinnhanhchungkhoan.vn – Translated by fintel.vn

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